"We are pleased that, despite the current general economic uncertainty,
we continue to serve more seniors, grow rates and attract investment by
capital partners," said Paul Klaassen, chairman and CEO of Sunrise Senior
Living. "These positive trends further encourage our commitment to
development of additional future Sunrise communities."

Operational Highlights

-- As of September 30, 2007, Sunrise operated 454 communities with

capacity for more than 53,000 residents, located in the United States,

Canada, the United Kingdom and Germany.

-- During the quarter, Sunrise opened two new communities and began

construction on five new communities. As of September 30, 2007, the

Company had 40 communities under construction, with capacity for an

additional 6,000 residents. During the first three quarters of 2007,

the Company opened 15 new communities and started construction on 16

communities.

-- Revenue under management for the quarter increased 11.2 percent to

$608.8 million as compared to $547.3 million in the prior-year third

quarter. The measure "revenue under manage Although Sunrise believes the expectations reflected in such
forward- looking statements are based on reasonable assumptions, there can
be no assurances that its expectations will be realized. Sunrise's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of various factors, including, but
not limited to, completion of the Company's restatement of its historical
financial statements; identification of any additional matters requiring
restatement; the length of time needed for Sunrise to complete the
restatement and for Ernst & Young LLP to complete its 2005 audit procedures
for any reason, including the detection of new errors or adjustments; the
time required for the Special Independent Committee to complete its
investigation, including with respect to any necessary remedial measures,
and for the Company to clear comments with the SEC; the time required for
the Company to prepare and file an amended 2005 Form 10-K and its Form
10-Qs for the first three quarters of 2006, its 2006 Form 10-K and its Form
10-Qs for the first three quarters of 2007; Ernst & Young's review of the
quarterly financial statements and audit of the 2006 financial statements;
the outcome of the SEC's investigation; the outcomes of pending putative
class action and derivative litigation; the outcome of the lawsuit filed by
the Company's former CFO; the outcome of the Trinity OIG investigation and
qui tam proceeding; the outcome of the IRS audit of the Company's tax
return for the tax year ended December 31, 2005 and employment tax returns;
the outcome of the exploration of strategic alternatives; the delisting of
the Company's stock from the NYSE in the event the Company does not file
its 2006 Form 10-K prior to the expiration of its NYSE listing extension;
the Company's ability to comply with the terms of the amendment of its bank
credit facility or to obtain a further extension of the period for
providing the lenders with required financial information; development and
construction risks; acquisition risks; licensing risks; business
conditions; competition; changes in interest rates; the Company's ability
to manage its expenses; market factors that could affect the value of the
Company's properties; the risks of downturns in general economic
conditions; availability of financing for development and acquisitions; and
other risks detailed in the Company's latest annual report on Form 10-K
filed with the SEC. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events.
Sunrise Senior Living, Inc.
Supplemental Information
As of September 30, 2007
($ in millions except average daily rate)

higher than ventures due to the fact that these communities tend to be

older and are largely not purpose-built by Sunrise.

-- The same-community occupancy rate was 91.4 percent for the quarter

compared to 92.5 percent in the prior-year third quarter. For

communities in ventures, the same-community occupancy rate was 92.8

percent, down from 94.2 percent in the prior-year third quarter. For

consolidated communities, the occupancy rate was 89.3 percent, down

from 90 percent in the prior-year third quarter. As disclosed in the

second quarter of 2007, while the Company still considers these

occupancy rates to be strong, the Company has identified several

existing markets and select communities that have shown declines in

occupancy and has put plans in place to address these markets.

-- At quarter-end, Sunrise had approximately $243 million of cash and cash

equivalents. The Company also had approximately $190 million in debt.

Borrowing proceeds were largely used to invest in real estate and

development ventures. During the month of October, the Company paid

down $28 million of net borrowings.

Sunrise's management believes that total revenue under management and
total same-community revenues, average daily rate, occupancy and expenses
are useful indicators of trends in Sunrise's management business. For such
data broken down by consolidated communities and unconsolidated ventures,
please refer to the Supplemental Information attached. The preliminary
financial data and operating metrics provided herein are not necessarily
indicative of the results of operations of the Company for the three and
nine months ended September 30, 2007 and 2006. Because the Company's
restatement of its financial statements has not been completed, Sunrise is
unable at this time to provide a reasonable estimate of either its third
quarter 2007 or third quarter 2006 results of operations.

Recapitalizations and Asset Sales

When the majority equity partner in one of Sunrise's ventures sells its
equity interest to a third party, the venture frequently refinances its
senior debt and distributes the net proceeds to the equity partners. All
equity distributions are first recorded as a reduction of book equity, and
distributions in excess of book equity are recorded as equity in earnings
on our consolidated statement of income. Sunrise refers to these
transactions as "recapitalizations." The Company had two significant
recapitalizations during the nine months ended September 30, 2007 (19
communities) and three recapitalizations in 2006 (36 communities). These
transactions resulted in cash distributions of more than $140 million.

Additionally, during the third quarter of 2007, a venture in which
Sunrise has an equity interest sold 6 communities in the United Kingdom to
another venture in which Sunrise has an equity interest. As a result of the
sale, Sunrise received cash distributions of approximately $33 million.

Both the recapitalization and the asset sales described above are
expected to result in material income. Because the Company's restatement
has not been completed, the Company is unable at this time to determine the
amounts of the income the Company expects to recognize as a result of these
transactions.

Anticipated Pre-Tax Charges

Senior Living Condominium Developments

Sunrise began to develop senior living condominium projects in late
2005. In connection with the Company's first condominium venture, a luxury
condominium development project with over 300 units, the Company agreed to
be responsible for actual project costs in excess of budgeted project costs
by more than $10 million (subject to certain limited exceptions). During
the third quarter of 2007, the Company determined that a loss of
approximately $26.5 million is expected due to this commitment. Of this
amount, $6 million is expected to be recorded in the third quarter of 2007,
$1 million is expected to be recorded in the first quarter of 2007, and
$19.5 million is expected to be recorded in the fourth quarter of 2006.

No assurance can be given that additional pre-tax charges will not be
required in subsequent periods. The Company plans to seek reimbursement for
some of these overages; however, there can be no assurance that the Company
will be reimbursed for any of these overages.

The Company has decided to discontinue development of four senior
living condominium projects due to adverse economic conditions. The Company
is currently evaluating other options for the projects, including sale of
the land and development of other Sunrise products. As a result, through
September 30, 2007 the Company expects to record pre-tax charges totaling
approximately $21 million to write off capitalized development costs for
these projects, of which approximately $14 million is expected to be
recorded in the third quarter of 2007 and $7 million is expected to be
recorded in the second quarter of 2007.

Acquired Venture

As previously disclosed, in the third quarter of 2005, Sunrise acquired
a 20 percent interest in a venture and entered into management agreements
for the 16 communities owned by the venture. In conjunction with this
transaction, the Company guaranteed to fund shortfalls between actual net
operating income and a specified level of net operating income up to $7
million per year through July 2010. The Company paid $12 million to the
venture to enter into the management agreements, which was recorded as an
intangible asset and is being amortized over the 30 year life of the
management agreements. The $12 million was placed into a reserve account,
and the first $12 million of shortfalls were to be funded from this reserve
account. The Company has recently determined that shortfalls will exceed
the amount held in the reserve account. As a result, the Company expects to
record a pre-tax charge of $21 million. This adjustment is expected to be
recorded as follows: $16.5 million in the third quarter of 2007, $2.5
million in the second quarter of 2007 and $2 million in the fourth quarter
of 2006. The Company is continuing to receive management fees with respect
to these communities.

Germany Venture

At September 30, 2007, Sunrise operated eight communities and was
providing pre-opening management and professional services to one other
community under construction in Germany. As part of the venture agreements
for these communities, Sunrise provided operating deficit credit facilities
to cover cash shortfalls until the communities reach stabilization. These
communities have not performed as well as originally expected and funding
is required to cover operating shortfalls. As of September 30, 2007,
Sunrise had funded approximately $9 million under these credit facilities
and projects to fund an additional $46 million through 2012, the date at
which the Company estimates that no further funding will be required. The
Company's current projections show that approximately $30 million of
funding and interest will not be recovered from anticipated future cash
flows from the communities. Accordingly, the Company expects to record a
pre-tax charge of $30 million in the third quarter of 2007. No assurance
can be given that additional pre-tax charges will not be required in
subsequent periods.

Due to the pending restatement of its historical financial statements,
the Company has not completed closing its books for any period subsequent
to 2005. The anticipated pre-tax charge-off amounts described above are
therefore preliminary and have not been reviewed or audited by Ernst &
Young LLP. As such, this information is not final or complete and remains
subject to change, possibly materially.

Restatement Update

The Company also provided an update on its pending financial
restatement. Sunrise is unable at this time to provide the precise impacts
of the restatement because the restatement has not yet been finalized, but
currently estimates that the cumulative impact of the previously disclosed
restatement issues will reduce net income for all periods impacted,
including 1999 through 2005, by approximately $130 million, excluding the
impact of the stock option adjustments described below. The increase from
the previously disclosed range of $120 million to $125 million is due to a
number of miscellaneous adjustments.

Approximately 40 percent of the $130 million estimated cumulative net
income impact of the restatement adjustments (excluding stock option
expense, described below) relates to periods prior to 2003 and, therefore,
will be reflected as a reduction in the opening balance of retained
earnings for 2003 in the Company's restated financial statements when
filed. The Company continues to expect that the substantial majority of the
cumulative impact reflected in this range will be recaptured during the
three-year period 2006- 2008. Over half of the cumulative net income impact
of the real estate adjustments amount has already been recaptured for the
period through September 30, 2007 due to expiration of guarantees,
refinancings, sales of assets and recapitalizations, including certain of
the transactions described earlier in this release under "Recapitalizations
and Asset Sales".

Sunrise reiterated that the restatement does not affect Sunrise's cash
flow, as cash was received several years earlier at the time of the
original transaction, or the cumulative amount of profits and losses it
generates from its partnerships or sales of real estate. The restatement,
however, will impact the timing of when profits and losses are recognized.

In addition to the matters described above, as disclosed on July 25,
2007 and on September 28, 2007, the Company will record non-cash
compensation expense related to a 1998 repricing for almost 300 employees
and certain other stock option grants. The Company has now substantially
quantified the amount of the non-cash compensation expense that it expects
it will be required to record as part of its restatement with respect to
the 1998 repricing and these other stock option grants, which amount totals
approximately $42 million pre- tax, or approximately $26 million after tax,
on a cumulative basis for all periods impacted. Approximately 80 percent of
this estimated pre-tax expense relates to periods prior to 2003. The
reduction to net income resulting from the expected adjustments to stock
option expense is offset by an increase to contributed capital so there is
no expected net impact to total stockholders' equity.

The information contained in this press release regarding the Company's
pending restatement remains subject to completion by the Company of its
review, to completion of the special independent committee review and to
completion by Ernst & Young LLP of its audit. As such, this information is
not final or complete and remains subject to change, possibly materially.
Further, as previously disclosed, the Company will need to resolve comments
received from the SEC staff on the Company's previously filed 2005 Form
10-K and other reports before filing restated financial statements with the
SEC in an amended 2005 Form 10-K. Such process could also result in
material changes to the information presented herein. The Company cannot
currently predict when it will be able to file its amended 2005 Form 10-K
with the SEC. The Company similarly cannot currently predict when it will
file its 2006 Form 10-K, Form 10-Qs for the first three quarters of 2006 or
Form 10-Qs for the first three quarters of 2007, although these filings
necessarily will occur subsequent to completion of an amended 2005 Form
10-K.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs
approximately 40,000 people. As of September 30, 2007, Sunrise operated 454
communities in the United States, Canada, Germany and the United Kingdom,
with a combined capacity for more than 53,000 residents. At quarter end,
Sunrise also had 40 communities under construction in these countries with
a combined capacity for 6,000 additional residents. Sunrise offers a full
range of personalized senior living services, including independent living,
assisted living, care for individuals with Alzheimer's and other forms of
memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's
senior living services are delivered by staff trained to encourage the
independence, preserve the dignity, enable freedom of choice and protect
the privacy of residents. To learn more about Sunrise, please visit
http://www.sunriseseniorliving.com.

Forward-Looking Statements

Certain matters discussed in this press release - including the updated
estimate of the cumulative net income impacts of the Company's pending
restatement, the preliminary information regarding recapitalizations and
asset sales, and the anticipated pre-tax charges -- may be forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995.'/>"/>

(Date:12/8/2016)... , ... December 08, 2016 , ... ... of access for customers and employees that are both engaging and easy to ... Service Smart Technology, the software company revealed today its plans to roll out ...

(Date:12/8/2016)... ... December 08, 2016 , ... Catalent Pharma Solutions, the ... and consumer health products, today announced that it had joined the Pharmaceutical Supply ... non-profit organization to unite pharmaceutical and healthcare companies that share a vision of ...

(Date:12/8/2016)... ... December 08, 2016 , ... STAT courier is pleased to announce ... service for Texas, they are expanding their presence in Dallas. One of the most ... will bring new jobs to the Dallas and Forth Worth market. STAT takes pride ...

(Date:12/8/2016)... City, Ga (PRWEB) , ... December 08, 2016 ... ... moving as soon after surgery as possible. With this in mind, SIGVARIS has ... thrombosis (DVT or blood clot) during bed rest and provide the benefits of ...

(Date:12/8/2016)... 2016 A Small Business Innovative Research (SBIR) ... Health (NIH) to Phoenix -based NeuroEM ... The grant will seek to determine an optimal set ... electromagnetic waves to treat Alzheimer,s Disease. The grant will ... possibly treat other neurologic disorders such as Parkinson,s Disease ...